Home

Frequently Asked Questions

Please click the questions below to discover the answers.

How do I access my accounts online?

Accessing your investment account(s) is simple. Click on the Access My Account link either in the menu at the bottom of any page throughout our website or in the Resources menu at the top of every page to get a list of account logins that will take you to your account using a secure username and password. Contact our office for assistance to help you establish your online access.

What separates us from other financial advisors?

We stand apart from most of our counterparts because we are an independent, fee-based RIA firm. As an independent fiduciary, we firmly believe that we're better able to focus solely on our clients' best interests. We are also local, family owned and have been practicing in Salem for over three decades. We encourage you to read the “Why Choose Us” section of our website for more information.

What does being a Fiduciary mean?

The fiduciary standard was established as part of the Investment Advisors Act of 1940 and it requires advisors to put their client’s interests above their own. In other words, the act stipulates that an advisor must place his or her interests below that of the client. The act encourages non-biased investment advice, free of conflicts of interest such as choosing investments with higher commissions.

This is a much more stringent standard than the suitability rule regulating registered representatives of Broker-Dealers. The suitability rule has two components: (1) that the product is suitable for the customer, and (2) that firms and investment professionals fully understand the products and transactions being recommended. Instead of being required to act in the best interests of the client, the investment professional must only have a reasonable basis for believing the transaction is suitable for the client.

Where will my money be held (custodian)?

As an independent hybrid RIA, we have access to many custodians (TD Ameritrade, Charles Schwab, Scottrade, Fidelity, Pershing, State Street, etc.) and use a few select custodians, depending on the type of investment account a client has. In fact, you may have a preference for a custodian for your investments, which we will certainly consider. Our custodian of choice is TD Ameritrade Institutional, one of the premier brokerage houses in the United States. TD Ameritrade Institutional provides comprehensive brokerage and custody services to more than 4,000 fee-based, independent registered investment advisors (RIAs). TD Ameritrade Institutional was chosen as our custodian of choice due to excellent credit ratings, financial strength and commitment to providing outstanding service and cutting-edge technology to both RIA advisors and their clients.

What is your investment minimum?

We typically work with clients who have more than $150,000 to invest. However, we will do our best to help anyone who needs our assistance and is serious about investing success.

How do I transfer my account to your firm? (or rollover my 401(k) or investment account)

Just provide us with a copy of a current statement. Our account services team will set up a new account and have your assets transferred into it.

How do I get started?

It’s easy. Click on the “contact us” tab to shoot us an e-mail or call us to set up a complimentary initial meeting. Or if you prefer, click to find out more information on our AutoPilot Program, for a low fee, low minimum automated investment approach.

What are your fees?

Our fee schedule is a percentage of Assets Under Management:

Market Value of Account(s)

Annual Advisory Fee

            Under $250,000

1.00%

      $250,000-$499,999

0.90%

    $500,000 - $999,999

0.75%

$1,000,000-$1,999,999

0.65%

$2,000,000-$4,999,999

0.50%

                  $5,000,000+

0.45%

We also provide fee-only financial planning. This service is for clients who wish to retain our advice and comprehensive financial planning services but desire to "do-it-themselves" regarding the management of their assets. 

Our annual planning fees range from $1,500 - $5,000 and will be based on many factors as well as assets under advisement (similar to the assets under management fee schedule listed above). 

Click on our ADV Form at the bottom of this page for full disclosure of fees, fee schedule and additional details. 

Are your fees deductible?

Yes, they may be. Section 212 of the Internal Revenue Code permits an itemized deduction for tax and/or investment advice in the miscellaneous section of Schedule A. It is subject to a 2% floor of the adjusted gross income on a personal tax return. For further information, please consult your tax advisor.